Build wealth. Love your life
Let me tell you what I know about how to stay debt-free and the money management systems that helped me do it. (Yes, we have lived debt-free since 2013 when we paid off £100,000 consumer debt.) You see, to get out of debt and stay debt free you need to:…
What is it like to be debt-free? Please take a couple of minutes to imagine it. Now, this is hard, I know. You may have so much debt that you always feel the weight of it. It is hard to imagine a time when the uncertainty of debt will…
Are you pacing nervously and wondering how to pay off your credit card debt? Very likely. According to the latest statistics, over 75% of people have some debt. Yes. This means that 75 of every 100 people reading this post have debt. Also, statistically speaking, you only pace and…
Becoming debt free is as much a matter of mentality, or your beliefs and attitudes, as it is about numbers and spreadsheets. Don’t believe me? Hear me out and then decide whether you agree with me. And decide whether you are ready to transform how you see your life,…
Can you inherit debt and what happens to my debt after I die? These were the questions racing through my mind when we had £100,000 worth of consumer debt. I also knew we had already messed up our sons’ future royally. Morbid? Probably. Practical? You bet. I didn’t want…
There is one reason you are in debt – you spend more than you earn. It is not rocket science; it is a matter of first-grade arithmetic. If regularly spend more than you earn, you will be in debt. “Ah, now I understand’, you are thinking. ‘But if that…
After working out what debt you have, it is time to decide which debt to pay off first. There are different schools of thought, and various personal finance gurus will offer different counsel. I will not tell you what to do or which debt to pay off first –…
This post contains debt-busting tips on paying off debt and becoming debt-free. I have already shared the two levels of awareness of debt – the feelings one gets when one only suspects and the certainty of numbers, and the two mental shifts I found helpful when dealing with debt….
You dream about debt freedom and the thing left to figure out is how to pay off debt. I get it. Dream, line and sinker. Living under a mountain of debt is stressful. For years Ostrich has been your favourite yoga pose. You have buried your head in Netflix shows,…
Congratulations! You have committed to paying debt. And this time is different, right? Still, you find yourself shrouded in confusion. Where do you start paying debt? What do you do first? I have been where you are now. Do you know what was the first thing I did when…
Have you considered learning to celebrate your debt? I bet you haven’t. I bet you spend your time vilifying, hating, and fearing your debt. You are not alone. Most of us, who have real-life experience with enormous debt, have swum in the ocean of negativity that comes with realising…
When we were in debt, we didn’t even have the luxury to consider the pros and cons of debt consolidation. We had to consolidate because we had so much debt that simply paying the credit card minimum payments was pushing us further into debt. We didn’t stop to think,…